01.单选题 已收藏 标记 纠错 Which of the following yield curves least likely involves observed yields in the market? A Forward yield curve. B Par bond yield curve. C Coupon bond yield curve. 查看解析 下一题 正确答案B 您的答案C本题平均正确率：39% Yield curve难度：一般 推荐：      答案解析 Par bond yield curves are based on the theoretical yields that would cause bonds at each maturity to be priced at par. Coupon bond yields and forward interest rates can be observed directly from market transactions. 问：这题我从新问一遍，视频我看懂了 后来。但是问题又来了 par curve的每一点的其实都是coupon rate吧，因为par的YTM=CR,所以难道CR不是现成的吗，所以不是可以基于观察所得吗？

01.单选题 收藏 标记 纠错 Which of the following yield curves least likely involves observed yields in the market? A Forward yield curve. B Par bond yield curve. C Coupon bond yield curve. 查看解析 下一题 正确答案B 您的答案C本题平均正确率：39% Yield curve难度：一般 推荐：      答案解析 Par bond yield curves are based on the theoretical yields that would cause bonds at each maturity to be priced at par. Coupon bond yields and forward interest rates can be observed directly from market transactions. 问：B选项为啥不能直接得到，小视频没有听明白，能否换一种方式说清楚为啥不对？

请在解释下这道题，没看懂、。

02.单选题 收藏 标记 纠错 If interest rates and risk factors remain constant over the remainder of a coupon bond's life, and the bond is trading at a discount today, it will have a: A negative current yield and a capital gain. B positive current yield and a capital gain. C positive current yield, only. 查看解析 上一题 下一题 正确答案B 您的答案A本题平均正确率：68% Yield measures 难度：一般 推荐：      答案解析 A coupon bond will have a positive current yield. If it is trading at a discount, it will have a capital gain because its value at maturity will be greater than its price today. 问：所谓的资本利得 是站那哪个时间点上来看？这道题：如果站在maturity是有一个gain,如果站在交易时间点上，是和期初价格比吧，那怎么知道有还是没有？

01.单选题 收藏 标记 纠错 Which of the following describes the yield to worst? The: A lowest of all possible yields to call and yields to maturity. B yield given default on the bond. C lowest of all possible prices on the bond. 查看解析 下一题 正确答案A 您的答案A本题平均正确率：73% Yield measures 难度：一般 推荐：      答案解析 Yield to worst involves the calculation of yield to call and yield to put for every possible call or put date, and determining which of these results in the lowest expected return. 问：没明白这题在说什么？可否解释一下题意 和 考点？

请问此题是不是错题？要求的是YTC，call回的时间是2年后，价格104（此处应该是错了）。答案给的解析完全是YTM的算法

04.单选题 已收藏 标记 纠错 In using matrix pricing to estimate the required yield spread on a newly-issued corporate bond, we choose what kind of rate as benchmark rate? A YTM on a corporate bond with similar credit risk and time to maturity. B YTM on a government bond with a similar time to maturity. C coupon rate on a government bond with a similar time to maturity. 查看解析 上一题 提交试卷 正确答案B 您的答案A本题平均正确率：47% Matrix pricing;难度：一般 推荐：      答案解析 The benchmark rate is the yield to maturity on a government bond with the same, or similar, time to maturity. 问：是不是用我图中的原理来估 x公司的 ytm的？等于还是相似三角形？但是横轴的时间周期不好解释，还是您解释一下把？

02.单选题 已收藏 标记 纠错 Matrix pricing can be used to estimate which of the following when underwrite new corporate bonds: A Required yield spread over the benchmark rate. B Market discount rate of other comparable corporate bonds. C Yield-to-maturity on a government bond having a similar time-to-maturity. 查看解析 上一题 下一题 正确答案A 您的答案A本题平均正确率：49% Matrix pricing;难度：一般 推荐：      答案解析 Matrix pricing is used in underwriting new bonds to get an estimate of the required yield spread over the benchmark rate. The benchmark rate is typically the yield-to-maturity on a government bond having the same, or close to the same, time-to-maturity. The spread is the difference between the yield-to-maturity on the new bond and the benchmark rate. The yield spread is the additional compensation required by investors for the difference in the credit risk, liquidity risk, and tax status of the bond relative to the government bond. 问：除了视频里讲的相似三角形法，这里还说了A 可以估利差 spread ，可否简单举例说明？貌似没有讲过

请问为什么日元时乘以100呢？是一种特殊情况吗？不同的货币还有别的特殊情况吗？

老师我想问一下，选项B中没有标明market value、如果我在地下交易中花钱也应该被包括在选项B中。但是地下交易不能算进GDP中。这么看的话选项B应该是不对的吧